INDIAN ECONOMY QUIZ

Short-term finance is usually for a period ranging up to

12 months

10 months

15 months

5 months

TRUE ANSWER : ?
YOUR ANSWER : ?

The first Apparel Park in India has been established in:

Punalur (Kerala)

Both A and B

None of these

Tirupur (Tamil Nadu)

TRUE ANSWER : ?
YOUR ANSWER : ?

How many Regional Rural Bank (RRBs) are working in the country till 31st March,2010?

82

81

93

85

TRUE ANSWER : ?
YOUR ANSWER : ?

During which five year plan was the annual growth rate registered at 2.5%?

First Five Year Plan (1961-66)

Third Five Year Plan (1961-66)

Second Five Year Plan (1961-66)

Fourth Five Year Plan (1961-66)

TRUE ANSWER : ?
YOUR ANSWER : ?

If utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?

Rs 300

Rs 100

Rs 50

Rs 1000

TRUE ANSWER : ?
YOUR ANSWER : ?

Revenue of the state governments are raised from the following sources, except

agricultural income tax

expenditure tax

entertainment tax

land revenue

TRUE ANSWER : ?
YOUR ANSWER : ?

The condition of indirect taxes in the country's revenue is approximately

70 percent

86 percent

75 percent

80 percent

TRUE ANSWER : ?
YOUR ANSWER : ?

The programme which was launched in 1974-75 with the main objectives of improving the utilization of created irrigation potential is:

Command Area Development (CAD)

Copper Area Development

Cop Authority Development

Cordial Area Development

TRUE ANSWER : ?
YOUR ANSWER : ?

The budget deficit means

the excess of total expenditure, including loans, net of lending over revenue receipts

difference between all receipts and all the expenditure

fiscal deficit less interest payments

difference between revenue receipts and revenue expenditure

TRUE ANSWER : ?
YOUR ANSWER : ?

Which of the following items would not appear in a company's balance sheet?

Cash held at the bank

Total issued capital

Value of stocks of raw materials held

Revenue from sales of the company's products

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YOUR ANSWER : ?